Genworth Holdings, Inc. 4

What Happened
Genworth Holdings, Inc. — reported on the form as a significant holder of Enact Holdings, Inc. (ACT) — sold 398,731 shares on February 27, 2026 at a reported price of $42.19 per share, for a total value of $16,823,537. The sale was effected pursuant to a Share Repurchase Agreement between Enact and Genworth, not an ordinary open-market disposal.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-02. The Form 4 was filed on March 2, 2026 (no late filing indicated).
• Transaction type/code: Sale (S).
• Shares sold: 398,731 at $42.19 per share; proceeds reported: $16,823,537.
• Sale mechanics: Effected under a Share Repurchase Agreement dated Feb 2, 2026 (see issuer’s Form 8-K, exhibit 99.4).
• Price determination: Per footnote, the $42.19 price was set under the Agreement based on a weighted average price the issuer paid to third parties.
• Ownership after transaction: The Form notes Genworth as a substantial holder; footnote states Genworth owns approximately 81% of Enact’s outstanding common stock. Exact post-transaction share count is not specified in the supplied data.
• Nature of holder: Institutional/major shareholder (not an executive officer).

Context
This was a structured sale under a repurchase agreement between Enact and its large shareholder, meaning the company bought back shares from Genworth rather than a routine open-market transaction. Such transactions are generally corporate capital-structure actions rather than direct signals about day-to-day insider sentiment.